Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zoom
ZM
|
+$806M |
| 2 |
AbbVie
ABBV
|
+$481M |
| 3 |
T-Mobile US
TMUS
|
+$464M |
| 4 |
Kroger
KR
|
+$430M |
| 5 |
Baidu
BIDU
|
+$423M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$1.35B |
| 2 |
AGN
Allergan plc
AGN
|
+$1.26B |
| 3 |
S
Sprint Corporation
S
|
+$675M |
| 4 |
Amgen
AMGN
|
+$488M |
| 5 |
Humana
HUM
|
+$450M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.45% |
| 2 | Technology | 16.1% |
| 3 | Consumer Staples | 10.57% |
| 4 | Consumer Discretionary | 9.95% |
| 5 | Communication Services | 9.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DX
2726
Dynex Capital
DX
$3.19B
| $698K | ﹤0.01% |
48,800
+37,300
| +324% | +$499K |
|
|
SCHV
2727
Schwab US Large-Cap Value ETF
SCHV
$16.1B
| $697K | ﹤0.01% |
+41,700
| New | +$681K |
|
2728
Walker & Dunlop
WD
$1.76B
| $696K | ﹤0.01% |
13,700
-27,000
| -66% | -$1.1M |
|
|
DVD
2729
DELISTED
Dover Motorsports
DVD
| $696K | ﹤0.01% |
448,717
+20,637
| +5% | +$27.8K |
|
|
FSTX
2730
DELISTED
F-star Therapeutics, Inc. Common Stock
FSTX
| $695K | ﹤0.01% |
118,133
+33,901
| +40% | +$196K |
|
|
IGMS
2731
DELISTED
IGM Biosciences
IGMS
| $694K | ﹤0.01% |
+9,500
| New | +$577K |
|
2732
Mannatech
MTEX
$9.78M
| $692K | ﹤0.01% |
46,788
+5,771
| +14% | +$75.6K |
|
2733
Murphy Oil
MUR
$5.17B
| $692K | ﹤0.01% |
50,114
-286,086
| -85% | -$3.29M |
|
2734
State Street SPDR S&P Regional Banking ETF
KRE
$4.71B
| $691K | ﹤0.01% |
18,000
-7,300
| -29% | -$267K |
|
|
FRG
2735
DELISTED
Franchise Group, Inc.
FRG
| $691K | ﹤0.01% |
+31,600
| New | +$504K |
|
2736
KB Financial Group
KB
$42.4B
| $690K | ﹤0.01% |
24,800
-19,300
| -44% | -$527K |
|
2737
OP Bancorp
OPBK
$235M
| $687K | ﹤0.01% |
99,500
+30,800
| +45% | +$207K |
|
|
CXDC
2738
DELISTED
China XD Plastics Company Limited
CXDC
| $687K | ﹤0.01% |
597,580
-8,400
| -1% | -$8.16K |
|
2739
Invesco S&P 500 Pure Growth ETF
RPG
$2.1B
| $686K | ﹤0.01% |
+26,500
| New | +$632K |
|
2740
Cabaletta Bio
CABA
$442M
| $685K | ﹤0.01% |
61,447
+48,447
| +373% | +$371K |
|
2741
Vanguard Morningstar Small-Cap ETF
VB
$81.6B
| $685K | ﹤0.01% |
4,700
+1,800
| +62% | +$242K |
|
2742
AMREP Corp
AXR
$119M
| $683K | ﹤0.01% |
151,400
+8,300
| +6% | +$36.3K |
|
2743
ClearOne Inc
CLRO
$9.85M
| $682K | ﹤0.01% |
22,730
+4,865
| +27% | +$136K |
|
|
CGRN
2744
DELISTED
Capstone Green Energy Corporation Common Stock
CGRN
| $680K | ﹤0.01% |
225,130
+8,203
| +4% | +$17.3K |
|
2745
Andersons Inc
ANDE
$2.38B
| $679K | ﹤0.01% |
+49,376
| New | +$717K |
|
2746
SK Telecom
SKM
$13.4B
| $678K | ﹤0.01% |
+21,306
| New | +$658K |
|
2747
SuperCom
SPCB
$67.3M
| $678K | ﹤0.01% |
2,118
+1,531
| +261% | +$398K |
|
2748
Investar Holding Corp
ISTR
$420M
| $677K | ﹤0.01% |
46,675
-51,700
| -53% | -$659K |
|
|
BLU
2749
DELISTED
BELLUS Health Inc.
BLU
| $677K | ﹤0.01% |
65,438
+5,339
| +9% | +$54.1K |
|
2750
InflaRx
IFRX
$261M
| $676K | ﹤0.01% |
+147,373
| New | +$956K |
|
Similar funds
Renaissance Technologies's Q2 2020 Portfolio in Review
As of Q2 2020, Renaissance Technologies held 3,987 positions worth $116B, up 13% from $103B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Renaissance Technologies withdrew a net $8.24B in Q2 2020, closing 596 positions and reducing 1,366 holdings. Its most notable exit was Allergan plc, an estimated $1.26B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, down from 25% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Uber worth $187M.
- Renaissance Technologies's largest Q2 2020 buy was Uber: 6,030,316 shares worth $187M.
- Renaissance Technologies added most to Zoom in Q2 2020, an estimated $806M increase.
- Renaissance Technologies's biggest Q2 2020 reduction was Bristol-Myers Squibb, cutting an estimated $1.35B.
- Renaissance Technologies fully exited Allergan plc in Q2 2020, selling an estimated $1.26B.
- Renaissance Technologies's ten largest holdings make up 14% of its $116B portfolio in Q2 2020.
- Renaissance Technologies opened 584 new positions and closed 596 in Q2 2020.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $116B.
Based on Renaissance Technologies's 13F filing for Q2 2020, filed 13 Aug 2020.